Narbutas ir Ko Announced Selling Growth in 2007
OREANDA-NEWS. On 06 May 2008 was announced, that last year the sales of the company reached over LTL 93 million. As compared to 2006, growth was more than 25%. On the domestic market the company realised about 34% of its total turnover, about 20% more than in 2006.
The General Manager of the company Petras Narbutas is delighted by the increasing sales both in Lithuania and on foreign markets. Narbutas ir Ko hopes to keep the leading position on the Lithuanian furniture market in the future as well.
Consolidated income of the company for the first quarter of this year as compared with the same period of the last year increased by about 16% and came close to LTL 21 million. The domestic sales of the company in January to March of this year sky-rocketed by about 27%. In Lithuania the company realised about 32% of its total turnover (over LTL 6.5 million).
Export of the company's products during the first quarter of this year as compared with 2006 increased by 13% and reached over LTL 14 million. Significant growth of sales is also seen on the Russian market. The company's sales on this market in January to March increased by more than 90%. The company is also happy about the increased sales in Ukraine. On this market the sales in the first quarter of this year grew by 26% as compared with the same period of the last year.
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